A Wick Study on False Breaks & Continuation Breaks For Divergence Trading by myself, otherwise, known as ScienceEvolution, Genesis or The Pip Barbarian.
ScienceEvolution's Self Observation of Divergence:
One sure way of knowing that price will keep going or go the opposite way is by observing the valleys, breakouts and peaks.
Rising interest with lower price-wick valley (convicted sellers & level are noted); and then, lower interest with a 2nd lower price-wick valley (non-convicted sellers) is real divergence better and quicker than any indicator to determine whether a breakout is false or a divergence.
Join my lifetime, one-on-one, forex coaching sessions for a low, one-time, fee, forever.
Copy Trading Available:
My Track Record: